29 October 2024
29 October 2024
VF Corporation, the parent company of brands including The North Face and Vans, reported a 6% decline in second-quarter (Q2) revenue to $2.8bn, however the CEO says the company delivered on expectations “consistent with the guardrails we provided last quarter.”
Canada's principality of Quebec might not instantly spring to mind as a global fashion manufacturing hub but thanks to its low production costs, technical expertise and growing status as a hub for all things AI, it is quickly becoming a key sourcing destination.
A new report from the UKFT has outlined a need for investment in innovation and digitisation, as well as growing fashion skills among the next generation, as crucial factors in determining the success of the industry going forward.
Shop prices in the UK continued their deflationary trend in October 2024, marking the third consecutive month of decline, according to the latest British Retail Consortium (BRC) data.
An industry expert says Adidas has continued its remarkable recovery in Q3 FY2024 as the German sports brand registered a net sales rise of 7.3%, aided by the renewed popularity of its lifestyle footwear.
Materials technology innovator HeiQ has announced plans to delist from the London Stock Exchange and return to private ownership, effective 19 November 2024 as part of a strategic move to focus resources, streamline operations, and accelerate growth.
German speciality viscose fibre manufacturer Kelheim Fibres has filed for insolvency, however production is expected to continue under a protective shield procedure, according to local news reports.
Better Cotton has announced its participation in the global non-profit alliance Cascale’s three-year initiative to standardise Life Cycle Assessment (LCA) methodologies across the cotton sector.
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